£ £
MEAN
MEDIAN
WOMEN’S PAY IS 0.26% HIGHER THAN MEN’S
WOMEN’S PAY IS 5.15% HIGHER THAN MEN’S
Gender Pay Gap Reporting From April 2018, companies with 250 or more employees, including our main trading company, Whistl UK Ltd, are required to publish certain statistics relating to Gender Pay. Based on the Government’s hourly rate methodology, Whistl UK Ltd’s pay rates were 0.26% and 5.15% higher for women vs men according to the mean and median methodologies respectively. Whistl is committed to ensuring pay is fair, equitable and competitive regardless of gender. Our policies, including our compensation framework, union negotiated operational pay structure and salary benchmarking pay band approach e¦ectively promote equal pay and support gender pay aims. Pay Quartiles The gender pay metric is influenced by the proportion of men and women in each pay quartile. The top pay quartile contains a greater proportion of women compared to the other pay quartiles which increases women’s average hourly rate according to both the mean and median methodologies. The charts opposite shows the percentage of men and women in each quarter of our pay profile. Bonus Pay Bonuses are linked to individual performance and or company targets, which supports a pay-for-performance culture. The bonus pay metric is also significantly influenced by the proportion of men and women in each of the pay quartiles, in particular according to the median methodology which shows that average bonuses to women were 486% higher than to men. This is driven by the greater proportion of men than women in lower pay quartiles. 77.8% of men and 82.1% of women received a bonus in the relevant period.
TOP QUARTILE
36.5%
63.5%
UPPER MIDDLE QUARTILE
24.9%
75.1%
LOWER MIDDLE QUARTILE
27%
73%
LOWER QUARTILE
27.6%
72.4%
MEAN
MEDIAN
WOMEN’S BONUS IS 2.0% HIGHER THAN MEN’S
WOMEN’S BONUS IS 486.4% HIGHER THAN MEN’S
PROPORTION OF MEN AND WOMEN RECEIVING BONUS
82.1% OF WOMEN RECEIVED A BONUS
77.8% OF MEN RECEIVED A BONUS
24 Corporate Responsibility | Whistl Annual Report 2017
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